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ASSET IMPAIRMENTS AND RESTRUCTURING | 12 Months Ended
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Dec. 31, 2019
Restructuring Costs and Asset Impairment Charges [Abstract] |
ASSET IMPAIRMENTS AND RESTRUCTURING | ASSET IMPAIRMENTS AND RESTRUCTURING CHARGES, NET Components of asset impairments and restructuring charges, net, are presented below:
| For years ended December 31,
(Dollars in millions) | 2019 |  | 2018 |  | 2017
Asset impairments | $ | 27 |  |  | $ | — |  |  | $ | 1 |
Intangible asset and goodwill impairments | 45 |  |  | 39 |  |  | — |
Severance charges | 45 |  |  | 6 |  |  | 6 |
Site closure and restructuring charges | 9 |  |  | — |  |  | 1 |
Total | $ | 126 |  |  | $ | 45 |  |  | $ | 8 |
2019 In December 2019, management approved a plan to discontinue production of certain products at the Singapore manufacturing site by the end of 2020 resulting in an asset impairment charge of $27 million impacting the AFP and CI segments. As a result of the annual impairment test of goodwill, the Company recognized a $45 million goodwill impairment in the crop protection reporting unit (part of the AFP segment). Additionally, in 2019, as part of business improvement and cost reduction initiatives, the Company recognized restructuring charges of $45 million for severance and $5 million for related costs. Also included was an additional $4 million restructuring charge related to a capital project in the AFP segment that was discontinued in 2016. 2018 In 2018 asset impairments and restructuring charges, net consisted of restructuring charges of approximately $6 million for severance. As a result of the annual impairment test of goodwill, the Company recognized a $38 million goodwill impairment in the crop protection reporting unit (part of the AFP segment). Additionally, the Company recognized an intangible asset impairment of $1 million in the Advanced Materials ("AM") segment. 2017 In 2017 asset impairments and restructuring charges, net were $3 million of asset impairment and restructuring charges, including severance, in the AFP segment related to the closure of a facility in China and restructuring charges of approximately $5 million for severance. Reconciliations of the beginning and ending restructuring liability amounts are as follows:
(Dollars in millions) | Balance at January 1, 2019 |  | Provision/ Adjustments |  | Non-cash Reductions/ Additions |  | Cash Reductions |  | Balance at December 31, 2019
Non-cash charges | $ | — |  |  | $ | 72 |  |  | $ | (72 | ) |  | $ | — |  |  | $ | — |
Severance costs | 6 |  |  | 45 |  |  | — |  |  | (34 | ) |  | 17 |
Site closure & restructuring costs | 8 |  |  | 9 |  |  | 1 |  |  | (7 | ) |  | 11 |
Total | $ | 14 |  |  | $ | 126 |  |  | $ | (71 | ) |  | $ | (41 | ) |  | $ | 28 |
(Dollars in millions) | Balance at January 1, 2018 |  | Provision/ Adjustments |  | Non-cash Reductions/ Additions |  | Cash Reductions |  | Balance at December 31, 2018
Non-cash charges | $ | — |  |  | $ | 39 |  |  | $ | (39 | ) |  | $ | — |  |  | $ | — |
Severance costs | 19 |  |  | 6 |  |  | 1 |  |  | (20 | ) |  | 6 |
Site closure & restructuring costs | 10 |  |  | — |  |  | — |  |  | (2 | ) |  | 8 |
Total | $ | 29 |  |  | $ | 45 |  |  | $ | (38 | ) |  | $ | (22 | ) |  | $ | 14 |
(Dollars in millions) | Balance at January 1, 2017 |  | Provision/ Adjustments |  | Non-cash Reductions/ Additions |  | Cash Reductions |  | Balance at December 31, 2017
Non-cash charges | $ | — |  |  | $ | 1 |  |  | $ | (1 | ) |  | $ | — |  |  | $ | — |
Severance costs | 42 |  |  | 6 |  |  | — |  |  | (29 | ) |  | 19 |
Site closure & restructuring costs | 13 |  |  | 1 |  |  | 1 |  |  | (5 | ) |  | 10 |
Total | $ | 55 |  |  | $ | 8 |  |  | $ | — |  |  | $ | (34 | ) |  | $ | 29 |
Substantially all costs remaining for severance are expected to be applied to the reserves within one year.

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- Definition The entire disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References No definition available. + Details
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